Daily News | See the dollar’s rise

We are in the middle of the week, but new, exciting opportunities on the market just keep on coming! Join us, as we list the most important market changes of the day. We start the day with changes in the U.S. economy. It appears that new home sales in America will heavily influence the dollar’s standing, as both current indicators for it are trending towards a positive outcome. This leads us to believe that we will see the dollar’s rise today, so make sure you keep an eye on it. Moving on towards Europe, the euro also appears to be heading towards a positive end of the day, as its Eurozone Consumer Confidence index is projected to rise slightly, leading to a small rise in the euro’s worth. And lastly for today, we turn to New Zealand. The New Zealand dollar has several indicators that will heavily influence its market standing, starting with the country’s trade balance, which is expected to rise. Similarly, the country’s exports are also expected to rise, while its imports are only projected to have a slight rise. Based on these indicators, one can reasonably assume that we can see this dollar’s rise, as well, so the chances are you will see a bullish market today.

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Author: Max Rothstein

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